With a population of 42.16 million most of the women in Chennai (North, South and Central) are engaged in informal sector activities, both as micro entrepreneurs and as casual wage labourers in low paid, low working capital, low skill and low subsistence occupations. These micro entrepreneurs are very innovative in devising adaptive strategies for survival. Most often they are constrained by lack of finance, high interest payments and lack of markets, space and mobility. The Forum under its credit programme provided credit assistance to more than 250 different occupations to these women workers in the urban informal sector, saving them from moneylenders and pawnbrokers. They are mostly vendors, hawkers and service specialists like dhobis and so on. Today the Chennai programme reaches 50003 poor women in 1721 slum neighbourhoods.

PORTFOLIO REPORT AS ON 31st DECEMBER 2005
Particulars North Madras South Madras Central Madras
Year of Starting 1978 1978 1978
No. of Share holders 20606 16997 12400
Areas Covered 649 608 464
Share Capital 7391360 5846820 3802220
Savings Capital 12937487 13006507 8118632
No. of Groups 13291 11601 8623
No. of Loans 111432 99650 82847
Loan Portfolio 159436800 138255200 106462000
Loan Outstanding 19842689 16264505 9392855
Recovery Percentage 97.79% 98.38% 98.36%
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